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Olympia Fields 60461
20600 Hellenic Drive
$140,900
● House - Off Market

20600 Hellenic Drive

Olympia Fields, IL 60461
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,314 Ft²
$1,597
Est. Monthly
17.09%
Cap Rate

About This Property

Classic Colonial Style Home with lots of charm and great potential This home sits on a larger corner lot.  Approx 2300 Sq Ft   Recent Updates:  New Roof,  New HVAC System.  4 Bedrooms, 2 baths,  Living Room, Sunroom, Unfinished Basement. This is your chance to Finish what has been started.  Home will require repairs. Buyer will need to comply with the Village Inspection Report Requirement.  This is a Fannie Mae HomePath Property.
Unit Size
2,314 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$56
Property Type
House
Property Taxes
$964
HOA Dues
-
Year Built
1936

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #12086357)

Price History

Date / Event Date Event Price
Jul 29, 2024 Sold
Premium
Sold
Jul 4, 2024 In contract -
In contract
Jun 17, 2024 Listed by Ravinia Realty & Mgmt LLC $128,900
Listed by Ravinia Realty & Mgmt LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,000
  • Total Building Area: 2,314
  • Gross Building Area: 2,314
  • Building Area: 2,314
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,314
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLYMPIA WOODS ESTATES
  • Land Acres: 0000000482
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: (OLYMPIA)(WOODS)(ESTATES) SUB OF ALL OF BLKS 11 & 12 & VAC ALLEYS W & ADJ BLKS OF OLYMPIA FIELDS SUB EH OF SE WITH TRACT OF L

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830005

Geography

  • District: 32
  • Parcel: 31-14-411-009-0000
  • Block: 11,12
  • Lot: 1
  • Meridian: SEC 14 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5151
  • Longitude: -87.6967

    Address

  • Full Address: 20600 Hellenic Dr
  • Address - House Number: 20600
  • Address - Street Name: Hellenic
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C004
  • 4-Digit Zip Code: 1426
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,156,467
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.2527
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 304,236
  • High Value: 381,128
  • Low Value: 227,343

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $78,750
  • Market Improvement Value: $171,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $7,875
  • Assessed Improvements Value: $17,125

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 2121510075
  • Previous Sale Recording Date: Jul 21, 2016
  • Previous Sale Contract Date: Jun 06, 2016
  • Previous Sale Amount: $188,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olympia Fields

Stats & Trends

Median Asking:

$361,250

Sale Price/ft²

$141

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2750 ft²

Average Home Age

60.1 years

Currently For Sale

13 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3706 211th Place, Matteson, IL, 60443

$3,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,275 ft²
3706 211th Place, Matteson, IL, 60443 Listing by Brandy Cafarelli

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Susan Miller, Ravinia Realty & Mgmt LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12086357
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 20600 Hellenic Drive built and last sold?
The property at 20600 Hellenic Drive was built in 1936 and last sold on Jul 6, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 20600 Hellenic Drive is $0.
What are some comparable homes to 20600 Hellenic Drive?
There are currently no comparable homes to 20600 Hellenic Drive.
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